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Search Results 0 to 49 of about 57 (some duplicates have been removed)
PBS
Feb 8, 2013 6:30pm PST
. the u.s. trade gap narrows as the world buys more made in america products and the u.s. buys less foreign oil. >> susie: and with gas prices rising, chevy hopes its new diesel chevy cruze will attract buyers looking for more miles per gallon. >> tom: that and more tonight on "n.b.r." >> susie: millions of people are bracing tonight for a powerful snow storm that could cripple the east coast. some forecasters say this could be the blizzard of the century with record amounts of snow and extremely strong winds. in parts of the northeast, transportation was shut down. the governors of massachusetts and connecticut declared a state of emergency and banned car travel, train service and cancelled flights in and out of boston. while the worst of the storm has yet to hit, many businesses and cities were busy making preparations today. erika miller reports. >> reporter: this monstrous storm is already being compared to the great blizzard of '78, when vast amounts of snow blanketed the ohio valley and the great lakes. that storm lasted 36 hours, leaving cars stranded. this storm could also b
PBS
Feb 8, 2013 7:00pm PST
that, down we go displuz for most of the u.s., households use natural gas. they don't use heating oil. and the ones that do are mostly in the northeast. so come march, will their pricees, their home bills be down? >> by the end of march, it will be much lower. 10% lower is what i'm estimating. >> susie: let me talk to you about gasoline because we've also seen gasoline prices have been going up every single day for the last 21 days and averaging $3.55 a gallon. where can we expect gasoline prices to go over the next couple of weeks? >> i think it's going to follow a similar trend of heating oil. i think we have another two to three weeks of somewhat higher prices. after, that i also think it's going to go down. the reason why, refineries are going to switch over to unleaded gas and there will be more than enough supply in the marketplace, and because of that i think we see a drop. i think we're going to see a 20 cent drop by the end of march. >> susie: also, tell us about supplies, we saw during hurricane sandy here in the middl northeast, most people were not prepared to be short on
NBC
Feb 5, 2013 5:30pm PST
cases, u.s. citizens. our national investigative correspondent michael isikoff broke the story and has our report. >> reporter: drones have been called president obama's weapon of choice. during his four years as commander in chief, u.s. military and cia drone strikes have accelerated at an unprecedented pace. more than 400 cia strikes against targets in pakistan and yemen. eight times as many as under president bush. >> they have been very precise, precision strikes against al qaeda and their affiliates. >> these strikes are legal. they are ethical. and they are wise. >> reporter: but today, new questions about drone strikes targeting american citizens, including anwar al awlaki. born in new mexico and killed in yemen in 2011. he allegedly directed the so-called underwear bomber, who tried to blow up an airliner over detroit in 2009. but awlaki was never charged with a crime. nbc news has obtained this confidential 16-page justice department memo that concludes lethal strikes against u.s. citizens who are operational leaders of al qaeda are a lawful act of national self-defense. >> we
PBS
Feb 12, 2013 4:30pm PST
. >> reporter: despite solid earnings at the end of last year, there are fresh worries about the state of the u.s. economy and profits for this year. on top of that, financial conditions in the eurozone are still a threat to u.s. stocks. >> with the market at current levels, which... basically looks like they're priced for perfection, there doesn't leave a lot of room for any disappointing news. and there are a lot of areas that could create disappointing news. >> reporter: weissberg says many market pros believe stocks are headed higher, but they need a catalyst, and that's unlikely to come from tonight's state of the union. suzanne pratt, "n.b.r.," new york. >> susie: still ahead, why ailing smartphone maker blackberry is hoping the sports market will help it on its road to recovery. we'll explain in tonight's "beyond the scoreboard." a "silly sideshow--" that's what apple c.e.o. tim cook called a recent lawsuit filed by hedge fund manager david einhorn. speaking at a goldman sachs technology conference today, cook also said apple is considering einhorn's proposal to issue preferred stock and r
PBS
Feb 7, 2013 4:30pm PST
numbers are a positive sign for the u.s. economy. investors were worried about some not so good signals today about europe's economy. stocks turned negative on comments from europe's central bank president saying the strong euro could dampen europe's recovery. here on wall street, the dow fell 42 points, the nasdaq lost three and the s&p slipped over two points. >> tom: still ahead, douglas burtnick joins us, he's with aberdeen asset management. >> susie: a battle is brewing between a big name hedge fund investor and apple. at issue: how to get apple to unlock value for shareholders. today david einhorn of greenlight capital sued apple to block a move that would stop the use of preferred shares. shareholders will vote on this at apple's annual meeting on february 27. what einhorn is proposing is that apple pay out more of its cash hoard to investors, using a special kind of preferred stock. einhorn has a lot at stake: his fund owns more than one million shares of apple, and while the stock rose a bit today, it's down 35% since its peak of $700 last september. late today apple issued thi
CNBC
Feb 5, 2013 6:00am EST
.75 a share. it would be the biggest leveraged buyout since the financial crisis. the u.s. government launching a civil lawsuit against standard & poors and mcgraw-hill over mortgage ratings. this is the first federal enforcement action against a credit rating agencies over alleged behavior tied more to the crisis. we'll talk more about the story and the implications with jacob frankel as 6:30 eastern. >>> and there's more news for boeing. the company has asked the faa for permission to do test flights. this suggests boeing has found solutions that led to the grounding of the entire fleet last month. the transportation agency says it's unclear whether battery, chemistry or an electrical issue caused a main battery on a plane owned by nippon airlines last month. investigators said today they may widen their probe on other components on the aircraft. >> thank you, mr. professor. yum brands is warning it is expecting 2013 warnings to shrink as it struggled to manage a food safety scare in china. remember i made that joke about cats. we'll leave that alone. also, toyota now raising its an
PBS
Feb 22, 2013 7:00pm PST
and untapped the nation's worst oil spill. on monday in new orleans, the civil trial pitting the u.s. government and gulf coast states against b.p. is due to begin. ruben ramirez has a preview of the case and the possibility of a last minute deal. >> reporter: nearly three years after a rig explosion killed 11 people and spilled four million barrels of oil into the gulf of mexico the u.s. government and b.p. are set to square off in a louisiana courtroom. b.p. has a history of settling civil cases before or during trial, so an eleventh hour deal could still be reached. the justice department and gulf states are considering offering b.p. a $16 billion deal, that's nearly three times what b.p. had hoped to pay. for it's part, b.p. says: >> we have always been open to settlements on reasonable terms, faced with demands that are excessive and not based on reality or the merits of the case, we are going to trial. >> reporter: if there is no settlement over the weekend, well owner b.p. will be joined by rig owner transocean and halliburton, the cement services provider on the well. on the
PBS
Feb 19, 2013 6:00pm PST
viewers like you. thank you. >> woodruff: a u.s. security firm charged today there's an all-out effort to break into computer systems in the u.s. and elsewhere. the report laid out an extensive case against china and its military. the newest allegations of cyber attacks by the chinese government came up at the white house today. reporters asked spokesman jay carney about a study that blames china's military for a large-scale years-long hacking campaign. >> we have repeatedly raised our concerns at the highest levels about cyber attacks with senior chinese officials, including in the military, and we will continue to do so. >> woodruff: the report alleges this nondescript 12-story office building is the locus of the hacking. it's situated in shanghai and is run by unit 61398, a bureau within the general staff of the people's liberation army. a virginia-based security firm, man yant corporation, traced the hacking there and concluded it is one of the most prolific cyber espionage groups in terms of the here is quantity of information stolen. man yant said the chinese stole reams of infor
Current
Feb 14, 2013 5:00pm PST
by e-mail, it is completely wrong. the u.s. postal service is not the victim of e-mail and text messages. it is the victim of alec and the koch brothers. why, you ask? quite simple, really. the usps is the number one employer of unionized labor in the united states and provides an affordable universal service that a private company could and would charge us all much, much more for. two huge no-nos for the right wing. the reason the right wing crafted the legislation to destroy the postal service. we're joined now by nationally and internationally syndicated radio host the brilliant thom hartmann who wrote an incredible piece about this very subject for truth out.org called the usps media hashtag fail. >> great to be with you. >> john: please complain what the postal accountability enhancement act is and what its effects have been. >> well, you know, there were some reasonable and some good changes in that act which is -- as far as i can tell, how it got out of the house government oversight committee henry waxman and other democrats basically signing of on it. it was passed by a
FOX Business
Feb 8, 2013 1:00pm EST
. ashley: looking good, robert. melissa: the real housewives husband. ashley: thank you so much. melissa: u.s. home values closing out. 2012 medium home values are up 5.9% year over year. dan humphries -- stan humphries expects the recovery to continue. he is here with his predictions. thank you so much for coming on the show. let's start with the worst market for 2016. i want to drill down on some of these details. the places where you do not expect to see the biggest jump over the next year. they may be good opportunities for buyers, right? >> yes. some of the markets that will move slowest over the next year are markets in the midwest and northeast. think cincinnati, cleveland, new york, outside the five boroughs. out in new jersey, the markets are definitely moving slower. melissa: the reason why we highlight those, we call them the worst price appreciation over the next year, but they create good opportunities. talk about some of the best price appreciation targets right now. >> the best price appreciation that we expect to see is coming in markets that were the hardest hit during the do
CNBC
Feb 8, 2013 9:00am EST
from the new york stock exchange. let's see how your friday session is setting up on the u.s. futures. it looks like we'll have a positive session with the s&p looking at 2 at the open, dow looking at 13. in europe, the eu summit continues. but the action really taking its cues from china this morning. we have green arrows across the board in europe. take a look at asia. strong eco data out of china in focus. much more on that in just a moment. the road map begins at the golden arches. not even the cheddar onion burgers could help mcdonald's. they missed estimates in every region. asia was down a whopping 9.5%. >> exports boomed 25%, inflation cooled, but met expectations, capping off a two-week winning streak for stocks. >> a blowout quarter, users increase continued in momentum. >> the storm could be one for the record books. forecast calling for as much as 2 1/2 feet of snow in some parts of the northeast. already more than 3,700 flights have been canceled. we'll get more from the weather channel on the path of nemo. >>> mcdonald's down 1.9 in january. middle east and africa, europ
FOX Business
Feb 11, 2013 11:00am EST
in the middle there somewhere. marshall, thank you very much. connell: the value of u.s. stocks up by $12 trillion since 2009. those numbers are from the federal reserve. our next guest says there is still room in the stock market. our next guest is bryan was worried. >> marshall is the keynesian. i do not believe there is any evidence to prove that he is right that government spending helps the economy. prosperity of europe, it is in the post. in the last five years, you have had substantial guts and government expenditure. >> marshall, there is no government in europe that have cut spending in the last five years. zero. nada. over the last 40 years, france has had an 8.1 unemployment rate on average over 40 years. that would not fly here in the united states. >> i think we will have to agree to disagree. i think ronald reagan did in outstanding job. i think we would probably agree that was a good way to go. i do not think he did it by shrinking the government in this fiscal austerity graze. connell: we are both satisfied. >> i will end it with ronald reagan is a great president. [ laugh
CNBC
Feb 8, 2013 12:00pm EST
that last from a u.s. stocks standpoint? >> exactly. uncertainty, markets do not like uncertainty. and the longer this continues, the longer the uncertainty is over the markets, the more likely it is it will have a pullback. there's an interesting statistic that's been bandied around about the u.s. stock market. it's approaching 500 days since we've seen a 10%-plus correction in markets. and it makes it the tenth longest time in u.s. history that the markets have gone this time without a pullback. and it means when we're looking at where valuations are, they're no longer cheap with respect to the u.s. market, growth doesn't come through as you thought it would. and we have this level of uncertainty that means that these momentum followers, the hedge funds are buying into financials, that they're going to start to stumble. >> josh? >> i guess i would want to ask you a question about, don't you agree that we're all aware of the issues in europe but hedge funds are now rushing in to take private pieces of debt deals off the hands of the banks? there's liquidity meeting every one of t
FOX Business
Feb 19, 2013 9:20am EST
contraction in the u.s., it's not resolved so more higher gasoline is ahead of us. stuart: and david, hold on, i want to see what happens when the opening bell starts to ring and starting right now. i'm expecting the dow to hit 14,000, we've been away for three days and friday afternoon the dow closed at 13,981. the early indicator suggested we go up, 20, maybe 20 points at the opening bell and that would take us to 14,000 so we're off and running again. stocks at a very high level. i've got a question for you. are you in this market, you, the little guy. we've got an expert on that coming up in just a moment from charles schwab and he'll give us the answer and on the high side in the first seconds. today's merger talk, a number of mergers, officemax, office depot reportedly getting together. and lauren simonetti on the floor of the exchange. looks like they will he' give staples a run for their money. >> it may be higher prices for consumers. let's go straight to where they both trade. as you can see, office depot and officemax surging and opening up 32% to the upside from depot and officema
FOX Business
Feb 13, 2013 6:00pm EST
. the predators of the bankrupt american airlines has approved the 11 billion-dollar merger with u.s. airways credit up to the boards of both companies to approve the deal. expect a final announcement as early as tomorrow. once again, american airlines and u.s. airways merger has been approved. creating the biggest airline in the world, it is expected tomorrow. the president last night called for an increase in the minimum wage. >> tonight, let's declare them in that in the wealthiest nation on earth, no one who works full-time should have to live in poverty. and let's raise the federal minimum wage to $9 per hour. gerri: by the way, that is a 24% increase in pay. that's from today's $7.25 per hour. the difference is this time he came across the country make it happen. raising the minimum wage could be just about the worst thing that he can do for the jobs market. already we are more than 7.5 million and a half jobs below the level where the president promised we would be when he took office. raising the minimum wage means employers whose businesses are struggling on the margin of getting rid
CNBC
Feb 8, 2013 4:00pm EST
. on the same framework the u.s. market is about 18% below its long-term trend which is positive, and certainly where we're more bullish is international markets where in developed international that's 30% plus below the trend. >> which international markets, like japan or what? which markets? >> well, japan certainly is a fascinating case. you know, here's a market that last saw its highs in the early '90s. it's the cheapest -- on a price-to-book basis that's literally the cheapest developed market in the world but it's also been the ultimate value trap for the year. the difference potentially this year is the changes at the bank of japan and the changes politically that are happening that are causing potentially the independents and the bank of japan to be compromised which somewhat paradoxically could be the best thing for equity markets in japan so i think japan is very interesting here. i think broad developed international is interesting. japan and europe both on our models are inexpensive and both have cat lifts that we believe that could help them have very good 2013s. >> how do you res
FOX Business
Feb 11, 2013 3:00pm EST
to the u.s. and then of course more to it than that the group of 7 ministers are now worried about currency fluctuations. that put the dollar up. putting the dollar up makes gold more expensive in many currencies. cheryl: but that wouldn't explain really the kind of longer story here of gold. i don't know, felt so safe in gold for all those years, maybe i'm looking at stocks. >> well, the stocks were up a lot. and this up in the stocks was a headwind for gold for asset allocaters who need to buy something that's always performing. and gold wasn't performing because it's misunderstood. people who buy gold are buying to preserve purchasing power, and they are worried about inflation. now, we've had low interest rates, anti-inflationary. we've had a good stock market, which also is a headwind for gold. and then all of a sudden, if you realize that the values of currencies have made gold more expensive, especially in those countries like india, japan, which is on holiday, china of course. cheryl: again, gold today, losing more than $17. is that because of the -- >> it's about 1%. cheryl: is tha
CNBC
Feb 19, 2013 6:00am EST
, denying the reports. and countering it was the victim of u.s. hacking. >>> and the bulls are back from a three-day weekend. can the s&p 500 post an eighth straight week of gains? we've got four days to find out. it's tuesday, february 19th, 2013. "squawk box" begins right now. >>> good morning, everybody. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen and andrew ross sorkin who is back from vacation. let's get started with the markets. as joe mentioned, the s&p winning streak has been a strong one. in the meantime, the dow is coming off a second straight weekly loss. although, really, if you looked at this last week, it was the ever so slightest of losses. u.s. equity futures are indicated higher. dow up by 21 points. s&p is up by two points above value fair and the nasdaq is up about 3. in 20 minutes, we'll turn to predictions on where the markets go from here. then in the next hour, delivering alpo. we'll talk to the manager of a $11.5 billion hedge fund. this fund was up 30% last year. don't miss pine river's ceo brian taylor. on our radar this morning,
CNN
Feb 19, 2013 1:00pm PST
those spending cuts from going into effect because gdp wouldn't take a hit. that means growth in the u.s. couldn't take a hit. as far as what else is propelling stocks higher, mergers and acquisitions going on, media, even in the office services area, office depot, office max, possibly talking about a tie-up themselves. that is certainly giving some momentum to stocks and giving investors a little bit of oo mph to buy into the stock. who knows if it will stick. >> alison, thank you. >> sure. >>> thank you for keeping me company here at cnn as i was in for brooke baldwin. i want to take you to "the situation room" with wolf blitzer because he starts right now. and let's take a look at the "closing bell." you heard alison kosik say we're not going to hit the 14,164 today but we there is a lot going on in washington with the sequester and we have to hope that we are going to be seeing these kinds of numbers, wolf. we certainly hope it for a long time. but depending on what -- depending on what washington does, we'll have to see if it sticks. wolf blitzer? >>> thanks very much. happening now
FOX Business
Feb 11, 2013 1:00pm EST
between american airlines and u.s. airways. melissa: the hottest thing on the nasdaq stock exchange may be the nasdaq itself. charlie gasparino is here as they talk to go private. lori: without any further ado, let's get you updated on the markets. we are joined by lauren simonetti. >> i want to particularly take a look at goldman sachs right now. hitting a new annual high. the investment bank says that equity markets kind of went too fast. they will slow down a little bit on their global theme. however, maintain will be tough. it is just too hard to maintain. we have the strongest start since the 1990s. melissa: oil prices rising for the first time in days. fox business contributor phil flynn is our man in the pits of the cme. >> what a reversal. oil prices were below $95 a barrel. everyone thought that they would start coming back down. a lot of focus, of course, a lot of talk about these currency wars. they have a major impact on the price of crude oil. we do not think that the euro is too strong and anyone who wants to tell us otherwise, you will have a problem. we rallied in a few
CNBC
Feb 11, 2013 6:00am EST
on the docket. it hasn't fallen apart like everybody want thad to. here we sit in the u.s. with everybody is buying hand over fist. i've been doing it a long time and i'm still conflicted. i know these corporations have been showing better results. but at the end of the day, we still have qe because of no growth. >> rebecca patterson would tell you you have just enough growth, actually, you have a wonderful spot where it's just weak enough where the fed keeps their foot on the pedal and that's why it's the perfect moment, at least now, for the market. >> i guess it's that little circle we used to have on our baseball bats. we have to be careful about that thing cracking in half. that's what i think a sweet spot is. here we are, you have a 7.9% rate. i can debate all long about whether the housing market is getting better or not. that's the reason why we have this influx of qe. why would we be without qe? ultimately, it's all about growth and we just don't have it. here we go, the stocks are full steam ahead. i can't tell my customers not be on board, but i can tell them not the be on boar
CNBC
Feb 1, 2013 6:00am EST
at least june. that's according to a u.s. officials. the projects has been pending for more than 4 1/2 years. of course, we've had lots of debate about the pipeline even here around this table. >> let's check on the markets this morning. the futures are probably going to be what steady as we go. we'll see what happens at 8:30. but not bad so far. that would be getting back almost exactly what we lost yesterday. we lost about 49 points. and there's a lot of -- it was a great january, but then got that gdp number. we're warning, does it necessarily mean that the market has been wrong about the economy? or was it the one off and was it, you know, some special factors that caused that shrinkage and does it get revised back up and subsequent reports? i've heard a lot of places. this is the best negative gdp report. >> well, if you're going to have to pick a negative one, this would be it. >> but there was a lot of good stuff. >> it doesn't startle the market at all when it came out. >> i don't know whether they're whistling past the grape yard -- the mark was over a contraction, but not n
CNN
Feb 19, 2013 4:00pm EST
claiming his death proves they were absolutely justified in passing legislation banning u.s. nationals from adopting any more russian children. they did that at the end of last year. partly in response to u.s. legislation, targeting russian human rights abusers. but also because of concerns held for a long time here by russian officials who say they are worried about the way russian orphans are treated in the united states. supporters of the adoption ban claim since the 1990s 19 other russian children have died after being adopted by americans. the russian government says it is very concerned about the welfare of russian orphans and says 60,000 have are been adopted over the last 20 years. the adoption ban is one of the key reasons why relations between the united states and russia are the worst that they have been in a long time. a line of politicians here and officials have responded to the death of this 3-year-old boy by effectively saying, we told you so. phil black, cnn, russia. >>> european scandal over mislabeled meat keeps getting big der. details of the latest recall foods where tr
CBS
Feb 5, 2013 5:30pm PST
they were talking about for those days. >> pelley: john, thanks very much. the u.s. justice department said today that it is suing standard and poor's rating service, accusing it of a massive fraud when it gave high ratings to mortgage investments that later plunged in value. that helped fuel the 2008 financial meltdown. investors, including pension funds, lost billions on what s&p told them were the safest bets money could buy. anthony mason has more. >> reporter: as the housing bubble was beginning to burst in 2007, standard and poor's was still giving glowing ratings to mortgage-backed securities that some of its own analysts feared would go bad. attorney general eric holder said today the nation's largest rating agency was knowingly executing a scheme to defraud investors and pump up its profits. >> put simply, this alleged conduct is egregious, and it goes to the very heart of the recent financial crisis. >> reporter: the government's 124-page complaint cites internal documents, like this instant message exchange between two s&p analysts. "that deal is ridiculous," the first says. "i k
CNBC
Feb 5, 2013 3:00pm EST
santelli, how much of today's rally in u.s. equities is because of a rally in the euro, a strong european rally after strong data this morning? >> when i came in lately, if the nikkei is down, this means european bur european bourses are up. i see the improvement. right around 135.80 and many thought we'd slip under 135. the euro correction, i can't tell whether it's over, but many traders don't think we'll see 137.5 in a while. treasuries once again, slightly above 2%, been there, done that, but it's still important because we haven't seen a huge rally pushing yields down for 2013. nothing big with big depth. and lumber, lumber today, as you see an intraday chart, was up, i think it's 2.4% which ends up being $10, maximum allowed. here's what's fascinating. open that chart up year-to-date, haven't taken out some recent highs, but if you pull back to a chart going to '05, could you clearly see we're getting to a zone we haven't seen since april of '05, and it's a testament that we have moved past the inflexion point. we're not robbing gdp in housing and slowly adding to it. the big questi
CNBC
Feb 14, 2013 4:00pm EST
brands rocketing up, raising a bid to buy the u.s. assets of brewer group modelo and an attempt to apiece regulators for the haush haush/imbey v deal. berkshire hathaway teaming up with 3g capital to buy heinz and in the red today, century link, the land lied provider, cutting its dividend by 26%. whole foods also having a down day. the supermarket chain forecasting weaker sales and margins for the rest of 2013. as for the dow, winners on the day include alcoa and banks like jorg anne which edged higher. the worst per former among the blue chips, general motors, which reported and missed estimates. wider losses in europe and higher costs in north america. guys, back to you. >> all right. we'll leave it there. thank you so much, josh. much more ahead on this jam-packed edition of the "closing bell." high seas drama will take you back where the carnival cruise ship is slowly being tugged to shore right now. stranded passengers complain of overflowing toilet but management says they are doing all they can, and now the lawyers are lining up. also ahead, have you checked your 401(k) lately? if
CNBC
Feb 7, 2013 6:00am EST
. welcome to sidewalk. as we can see here, and i feel like the weather girl, but u.s. equity futures are feeling slightly higher today. we have a couple of quarterly results hitting the tape in the last few minutes. cigna reporting earnings and revenues ahead of estimates. earnings topping estimates by a nickel. we're going to continue to follow both of those stories for you this morning. scotty, back over to you. some mandy, thanks so much. now over to the weather channel. eric fisher joining us to talk about this major winter storm heading our way. good morning. >> this could be one for the record becomes here over the next couple of days. it starts in the midwest. not to ignore what's going on here across michigan, wisconsin. chicago, sleeting rain, sleet this morning, a bust of snow this evening. biggest snow totals, eastern michigan. the bull's eye is right around sagin saginaw. so difficult travel there. the cold air and this slipper moving through the states. then we've got the rain across the south. that's ingredient number two. area of low pressure there that keeps a wet day
CNBC
Feb 19, 2013 12:00pm EST
% of their store base is outside the u.s. yeah, i'm a little concerned about the memo that was leaked out that came out last week about february being terrible, but we don't know how january was. at 12.5 tiermes earnings, i don regard the stock as expensive. >> we played walmart to the long side last year. there was this massive 12-year resistance level that it broke out above. turns out that was a fall breakout. this thing is not ready to go. the risk is obviously to the down side. anyone with a remedial sense of resistance can see. you may end up being right but no one wants to own a big, fat gigantic stock like this with no upside catalyst with a weak dividend. >> but if you do have a rough economy, will you see see them trade downhill. cost co is at 20 times earnings and target -- >> what about the memo? you seem to be a little dismissive of the memo. >> i'm not dismissive of it. i just don't know all the facts. >> no one does and in the absence of the fact, the stock will be in the penalty box. >> the memo is out there. it can't be as bad as what the memo is, right? >> not true. it could be wo
FOX Business
Feb 20, 2013 4:00pm EST
that china is not the only country involved in committing economic espionage against the u.s., but six of the seven cases it cites in the new trade secrets report involve china. the administration's promising stepped up efforts including increased trade and law enforcement to protect u.s. trade secrets, especially, in light of that separate report this week on aggressive chinese hacking of dozens of u.s. companies. >> as critical technology has advanced, criminals adapted accordingly. our need to keep pace with these changes remains imperative, and the stakes have never really been higher. in some industries, a single trade secret is worth millions or even billions, billions of dollars. >> this report today follows up on the president's executive order that he signed last week to try to beef up cyber security efforts, but new programs such as better information about cyber threats between u.s. intelligence agencies and private sector companies will take time to roll out. david and liz? liz: thank you, peter, very much, peter barnes. david: news from the fed minutes moving markets today
ABC
Feb 8, 2013 1:40am PST
he's doing. >> reporter: but why now? dorner was honorably discharged from the u.s. navy reserve just last friday after ten years' service. including a tour in the persian gulf. was that the trigger for this killing spree? or evidence of careful planning? >> i have more questions than i do have answers at this point. >> reporter: if dorner gets his apparent wish, if he is killed, we might never know the whole truth. nick watt, abc news, los angeles. >> wow. and this 6,000 word manifesto gives some scary insight into what he is thinking. one part in the document where he writes, self-preservation is no longer important to me. i do not fear death, as i died long ago on 1-2-09, referring to the day that he was fired. >> right. >> from the force here. so this is a guy as you heard from the piece who is looking to kill and be killed. that's what makes him so dangerous. >> this manifesto is interesting. he kind of switches between completely insane and 100% lucid. >> yes. >> he talks about two different political figures and different stars on television almost like this is something he now
CNBC
Feb 25, 2013 9:00am EST
in the u.s. getting a boost from overseas. and lifted by optimism over the italian elections, and prospects for looser japanese monetary policy. >> yeah, that's it. in a nutshell. >> i was wondering what it was when i was driving in this morning. now i know. >> we can end the show now. >> i thought it was the academy awards plus the fact that a lowe's car won in the daytona. but this is much better. it makes me feel more -- i mean, lincoln, you know, daniel day lewis won, that's lincoln. and the fellow that looks like it should say abe in japan. here's what i think is happening, okay? there are a lot of people who came in short after the big breakdown in the middle of the week last week. there was no follow-through with the negativity. instead, there was hewlett-packard, the first-grade interview last week. europe is not falling apart. it's just slow growth. china didn't even produce good numbers overnight. it's still not that bad. i think we're setting into the idea that the sequester is a larry kudrow bit. sa saying it's small and good for the economy. larry's got the bead on this, as he
CNBC
Feb 25, 2013 5:00pm EST
for the long-term. >> so, let me ask you, for your u.s. customer, which effects her most, stock market levels, employ or housing? what's the most relevant factor, or some other? >> from what we can understand, the behavior of the consumer, employment, number one. spousal partner employment number two, maybe housing as an indicator whether they have disposal income three, stock market doesn't seem to say, stock market's up today, i'm buying something tomorrow. i don't believe that's an influence. >> why do you think estee lauder has outperformed the rest of the group? we started it out that way. we see the problems, but we see your performance is up 11%. what's -- what are they doing differently than you? why are people less worried about this company versus the mixed bag? i know the easy way is to say, you can't comment on other companies, but you must be seeing what you are doing differently. >> first and fore most, most of our real competitors are not in your comparable sector. our real competitors are european-based or asian-based. our core competitors are not the u.s.-traded companies as
PBS
Feb 7, 2013 3:00am EST
. number one, we are one of the largest natural organic food and personal care companies in the u.s. and the world. our last nielsen numbers that came out, you know, we're growing at 10% on retail stores. you know, in our quarter last night, our growth was up 25%, organic growth is up 9.4% in the u.s. we had hurricane sandy in there, stores were closed for a week. our margins improved dramatically. 72 -- >> at a time when everyone else in the food business is telling me that food costs went up. >> food costs went up. we earned 72 cents. our earnings per share were up 55%. so i guess what else can we do to make our shareholders happy? and i think our long shareholders will be happy. the barron's article, hey, when you come back -- >> i had to bring it up. >> sure. >> it hammered the stock. >> is there trouble in tea land? of course there's not trouble in tea land. is there going to be competition coming after us? absolutely, and i've said this before, indra nooyi, she's doing a great thing. >> pepsico. >> to bring more healthier foods. i can't change the way the world eats, you know,
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